ENDOWED SCHOLARSHIPS

What is an Endowed Fund?

Endowed funds differ from other ways of giving in that they are truly the gift that keeps giving.  Instead of the entire amount of the gift being spent outright, the total amount of the gift is invested.  Each year, only a portion of the invested income earned is spent while the remainder is added to the original principal.  An endowment is a perpetual gift because only the interest is used for scholarships while the principle continuously grows. 

Endowed Scholarships:

Establishing an endowed scholarship provides a permanent and personal way for you to make a difference in the life of a St. Jean’s student.  Most of our students depend on some sort of financial aid to achieve their dreams.  You can help turn their dreams into reality, now and in the future, by establishing an endowed scholarship fund. This scholarship fund would be a perpetual means of bringing honor to the person for whom the endowment is named.

Scholarships may be endowed with an initial gift of $25,000 or they may be created by a pledge to be paid over a period of years.

The scholarships endowed to date are:

The Kathleen and Michael Clifford Endowed Scholarship
Kathryn Davidson’82 Memorial Science Scholarship
Sr. Eileen Claire Fitzmaurice, CND Memorial Scholarship
Vicki Kohlwey Memorial Endowed Scholarship
Eileen F. O’Keeffe Link’50 Endowed Merit Scholarship
William J. and Emily Power O’Keefe Memorial Endowed Merit Scholarship
Sr. Nancy McDermott, CND Endowed Scholarship
Rose and James Powderly Memorial Endowed Scholarship
Sacred Heart Middle School Scholarship
Maria Santiago Schick’77 Endowed Scholarship
Anne and Steve Vlamis Endowment Scholarship for the Arts
Dorothy Walsh Waters’34 Memorial Fund

Contact
If you are interested in establishing an endowed scholarship, please contact
Sr. Maria Cassano, CND 
212-288-1645, ext. 124.